24992 Carol Lane, Laguna Hills, California 92653, Laguna Hills, 92653 - 4 bed, 2 bath
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24992 Carol Lane
Laguna Hills, California 92653
ACTIVE UNDER CONTRACT
CONDITION: POOR
4Beds
2Baths
1,895Sq Ft
5,350Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,056,607
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned well above the $1,056,608 Fair Market Value by -4%. While the home requires significant interior updates, the newer roof and cul-de-sac location provide a solid foundation for value-add renovations. Situated in the Saddleback Valley Unified district, the home offers long-term stability with no HOA fees. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build equity through a Condition Rating of 5.
Estimated Market Value
$1,056,607
Based on Realkey algorithm analyzing recent comparable sales in Laguna Hills.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24992 Carol Lane Subject | $1,100,000* List Price | 4 | 2 | 1,895 | $558 | - |
A 24694 Ashland Drive Sold | $1,350,000 | 4 | 3 | 2,401 | $562 | 0.3 mi |
B 25556 La Mirada Street Sold | $1,200,000 | 3 | 2 | 1,789 | $671 | 1.0 mi |
C 25601 Califia Dr Sold | $800,000 | 3 | 2 | 1,326 | $603 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1979 (45+ years old), this property falls into the >30y category. The listing description explicitly highlights the need for 'personal touches,' 'updates,' and 'building equity through improvements,' which typically signals original or severely dated kitchens and bathrooms requiring a full rehab. While the roof is newer, the interior systems and finishes likely require significant investment to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Low Ownership Costs
The absence of monthly HOA fees combined with a low tax rate significantly enhances long-term affordability and increases buyer purchasing power.
- Desirable Layout and Location
The single-level floor plan situated on a quiet cul-de-sac offers both accessibility and privacy, making it highly attractive to families and downsizers alike.
- Value-Add Potential
With a newer roof already installed, buyers can focus their investment on interior cosmetic upgrades to quickly build equity in a sought-after neighborhood.
CONSRISKS & DEFICIENCIES
- Required Renovations
The property is positioned as a fixer-upper needing personal touches and updates, which may deter buyers looking for a move-in-ready home.
- Lack of Scenic Views
The listing explicitly notes no views, which may limit the property's competitive appeal compared to other homes in the Laguna Hills area that offer hillside or city light vistas.
About 24992 Carol Lane
Rare opportunity in Laguna Hills, California. This 4-bedroom, 2-bathroom Single-Level home presents an exciting opportunity for buyers ready to add their personal touch and create a home that reflects their vision. Situated on a desirable cul-de-sac street, the property offers privacy in a lovely neighborhood. Inside, you’ll find a spacious family room anchored by a cozy fireplace, creating a welcoming space for gatherings and everyday living. A newer roof provides added peace of mind, while the above-ground spa offers a private backyard retreat. With plenty of potential to update and enhance, this home offers an incredible opportunity to build equity through improvements. No association fees and a low tax rate add to the appeal, helping keep ongoing costs manageable while you make this home your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 5,350 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Laguna Hills Unified Schools
Lomarena Elementary School
Grades K-6 • 0.6 mi
6/10
Los Alisos Intermediate School
Grades 7-8 • 0.8 mi
5/10
Laguna Hills High School
Grades 9-12 • 0.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,895 | 2,711.614 |
| Lot Size | 5,350 | 9,688.182 |
| Price | $1.10M | $1.84M |
| Price per sq ft | $580 | $735 |
| Built year | 1979 | 1978 |
| HOA | $0 | $192 |
| Days on market | 26 | 48 |
Pricing History
Listed for Sale
Aug 14, 2026
$1,100,000
Initial Listing